When Korea Exchange Bank (KEB) merged with Hana Bank, they formed Korea’s largest bank, with $243 billion in total assets in 2015, and $143 billion in lending as of November. CEO Ham Young-joo sat down with Global Finance editors to discuss economic conditions and KEB Hana’s plans for growth.
The banking industry’s leading lights have largely adjusted their business plans to a world of tighter regulations, higher capital requirements and less leverage. Now, they are taking on new competitors by embracing the very information technology that has disrupted their business.
Profiling the Best Bank honorees of 2016
During complex times for Turkey, banks, at least, can rest assured that their system is running smoothly, is well capitalized and well regulated.
While Latin American economies are expected to shrink by roughly 1% this year, Mexico is slated to grow 2.2%.
On May 9, voters in the Philippines will elect a new president amid growing concerns over whether the strong legacy of president Benigno Aquino III will continue.
US: At 42, he is a former banker, a former bailout czar and a former politician. He wants to persuade the public, from Wall Street to Main Street, that large banks pose a risk to the economic system. The risk is too high, he says, and must be eliminated—surely not a minor feat, not even for one of the presidents of the mighty Federal Reserve.
Corporate Finance & Capital
As the commercial world becomes more litigious, individuals and corporations are increasingly hamstrung from pursuing justified legal claims by a lack of liquidity or other means of financing.
Following a record-breaking year for worldwide mergers and acquisitions, dealmaking declined to a two-year low in the first quarter of 2016.
Bank of Tokyo-Mitsubishi UFJ is learning to speak Arabic.
Not long ago, Romania was synonymous with sluggish growth, underperformance and corruption. Analysts acknowledged its huge potential but said it wasn’t being realized.